United Parcel Service (UPS) vehicles are seen at a facility in Brooklyn, New York City, U.S., May 9, 2022.
REUTERS/Andrew Kelly Acquire Licensing RightsSept 26 (Reuters) - United Parcel Service (UPS.N) said on Tuesday it would hire more than 100,000 seasonal workers to handle the 2023 holiday rush, a similar number of employees it hired a year earlier during the same period.
Both UPS and rival FedEx Corp (FDX.N) hire thousands of temporary workers each year to move more parcels between the months of October and January.
Analysts expect holiday sales to grow at a slower pace this year as high inflation eats into household budgets.
A report from career consultancy firm Challenger, Gray & Christmas showed that weaker spending and increased labor costs would result in U.S. retailers hiring the lowest number of seasonal workers this year since 2008.
Persons:
Andrew Kelly, Mehr Bedi, Priyamvada, Vinay Dwivedi
Organizations:
Parcel Service, REUTERS, United Parcel Service, UPS, FedEx Corp, Teamsters, FedEx, Analysts, Challenger, Thomson
Locations:
Brooklyn , New York City, U.S, Atlanta, Bengaluru